When Graphing the EOQ, Which of the Following Statements Is

Multiple Choice

When graphing the EOQ, which of the following statements is false?

A) Holding costs are a downward sloping line to the right.
B) The EOQ is represented by the minimum total cost.
C) Ordering costs are a downward sloping line to the right.
D) Average inventory on hand results in higher holding costs.
E) As order size increases, so does average inventory on hand.